A statement released earlier today by JP Morgan Cazenove about Hochschild Mining PLC (LON:HOC) bumps the target price to 260.00GBX
- Updated: October 13, 2016
Just yesterday Hochschild Mining PLC (LON:HOC) traded -1.37% lower at 252.20GBX. Hochschild Mining PLC’s 50-day moving average is 268.51GBX and its 200-day moving average is 203.29GBX. The last closing price is up 23.96% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 120,884 shares of HOC traded hands, down from an average trading volume of 1,763,970
JP Morgan Cazenove upped the price target of Hochschild Mining PLC (LON:HOC) to 260.00GBX reporting a possible upside of 0.03%.
Previously on 10/11/2016, Numis reported on Hochschild Mining PLC (LON:HOC) reduced the target price from 320.00GBX to 290.00GBX. At the time, this indicated a possible upside of 0.10%.
Recent Performance Chart
Hochschild Mining PLC has 52 week low of 38.75GBX and a 52 week high of 327.60GBX and has a market capitalization of 0 GBX.
In addition to JP Morgan Cazenove reporting its stock price target, a total of 9 brokers have issued a research note on the company. The average stock price target is 2.15GBX with 1 broker rating the stock a strong buy, 3 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.
About Hochschild Mining PLC (LON:HOC)
Hochschild Mining plc is engaged in mining, processing and sale of silver and gold. It has approximately three operating mines (Arcata, Pallancata and Inmaculada) located in southern Peru and approximately one operating mine (San Jose) located in Argentina. Its segments include Arcata, Pallancata, San Jose, Inmaculada, Exploration and Other. Arcata and San Jose business units are engaged in the sale of gold, silver, dore and concentrate. Pallancata business unit is engaged in the sale of concentrate. Inmaculada business unit is engaged in the sale of gold, silver and dore. The Exploration segment explores and evaluates areas of interest in brownfield and greenfield sites to extend the life-of-mine of existing operations and to assess the feasibility of new mines. The Other segment includes Empresa de Transmision Callalli S.A.C., a power transmission company; HMX, S.A. de C.V., a service company in Mexico, and Empresa de Transmision Aymaraes S.A.C., a power transmission company.
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